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These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

9 May 2024

The benchmark index S&P BSE 500 opened today at 32,762.61 and made its day high at 32,762.61, and it is trading in red today, down by around 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Jupiter Wagons Ltd Shares …

Tata Power Slumps Despite an 11.4% Jump in Net Profits

Tata Power Slumps Despite an 11.4% Jump in Net Profits

9 May 2024

Tata Power Company Limited is India’s largest integrated power company, The company reported its earnings for Q4 FY 2023-24 yesterday with a rise of 11.4% in the net profits, despite this jump in net profits the stock is currently trading down by -2.65% from its previous day closing price as the streets are thinking that …

Wipro and Kognitos Join Forces to Deliver Enterprise-Ready GenAI Business Automation Solutions

Wipro and Kognitos Join Forces to Deliver Enterprise-Ready GenAI Business Automation Solutions

9 May 2024

Wipro Limited, a leading global technology services and consulting company, announced a strategic collaboration with Kognitos Inc., a leader in Generative AI (GenAI) automation, on May 08, 2024. This partnership signifies a joint commitment to delivering innovative enterprise-ready business automation solutions powered by GenAI technology. Dual Collaboration: Strategic Partnership and Investment The collaboration encompasses two …

RBI Finally Lifts Ban From Bank of Baroda From Onboarding New Customers Through Mobile App

RBI Finally Lifts Ban From Bank of Baroda From Onboarding New Customers Through Mobile App

9 May 2024

Yesterday, the Reserve Bank of India (RBI) lifted the restriction it had placed on the Bank of Baroda (BoB) regarding onboarding new customers through its mobile app ‘Bob World’. This decision comes over six months after the RBI initially imposed the restriction in October 2023 due to significant supervisory concerns. RBI’s Initial Curbs Utilizing its …

L&T Slashes Margin Guidance for FY25, Shares Fall By 5%

L&T Slashes Margin Guidance for FY25, Shares Fall By 5%

9 May 2024

L&T is an Indian Multinational Company engaged in EPC projects, Hi-Tech Manufacturing and services, It is one of the largest companies in India with a market capitalisation of more than Rs.4.5 Lakh Crores, Yesterday the company reported its Q4 results which were in line with but the weak guidance from the management has shifted the …

Breakout Soon Candidate: Chalet Hotels

Breakout Soon Candidate: Chalet Hotels

8 May 2024

Company Overview Chalet Hotels Ltd., founded on January 6, 1986, operates as a prominent player in the hospitality industry in India, with additional interests in real estate and retail. Headquartered in Mumbai, the company’s main business segment involves hotel operations, complemented by residential real estate sales and commercial property leasing. Market Performance and Technical Analysis …

Entero Healthcare Expands Footprint in Telangana with Acquisition of Avenir Lifecare Pharma

Entero Healthcare Expands Footprint in Telangana with Acquisition of Avenir Lifecare Pharma

7 May 2024

Entero Healthcare Solutions Limited (Entero), a leading player in the Indian pharmaceutical distribution landscape, announced a strategic move to expand its reach on May 6, 2024. The company’s Board of Directors approved the acquisition of a significant stake in Avenir Lifecare Pharma Private Limited (ALPPL). Acquisition Details Entero has entered into definitive agreements to acquire …

SEBI gives a big push to second generation reforms…

SEBI gives a big push to second generation reforms…

28 April 2017

It may be, probably, too early to call these second generation reforms for capital markets. But the start has definitely been made. The first SEBI board meet chaired by the incumbent SEBI Chairman, Mr. Ajay Tyagi, has focused largely on simplifying the market mechanism and broadening as well as deepening the capital markets. Here are …

Paytm’s Market Share Plunged by 5% in the Past Year

Paytm’s Market Share Plunged by 5% in the Past Year

8 May 2024

Paytm is an Indian multinational fintech company that specialises in digital payments, based in Noida, India. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications Ltd. One97 Communications Limited, which runs Paytm, has seen its market share drop to a new low of 8.4% in April this year from 13.3% the company …

United Breweries Shares Slump Despite an 8x Profits Jump

United Breweries Shares Slump Despite an 8x Profits Jump

8 May 2024

United Breweries Limited (UBL) is a leading company in the breweries and distilleries industry that operates in the production and distribution of beer and non-alcoholic drinks. The company markets its offerings primarily under renowned labels like Kingfisher and Heineken. Financial Performance  United Breweries Limited (UBL) reported a consolidated net profit of Rs 81.55 crore for …

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